Brisbane’s Indooroopilly and the Gold Coast’s Coolangatta have appeared in the Top 10 list for unit sales across Queensland for the very first time, according to the latest property report.
The Property Market Update Q3 2024 report from prop tech firm InfoTrack has named the suburbs with the highest volume of house and unit sales, from 1 July to 30 September this year.
Indooroopilly, in Brisbane’s western suburbs, has appeared for the first time, coming in at number eight for unit sales.
InfoTrack’s Head of Property, Australia, Lee Bailie, said the established area is just eight kilometres from the Brisbane CBD and offers great buyer appeal.
“Indooroopilly has seen a jump in medium density apartments in recent years as buyers flock to this convenient location or downsize from the many large houses in the area,” Mr Bailie said.
“It’s also home to the largest shopping centre in Brisbane’s western suburbs, Indooroopilly Shopping Centre, which offers access to a great array of retail stores, cafes, restaurants, and cinemas.”
Also to make the Top 10 list for unit sales for the first time was the Gold Coast suburb of Coolangatta, which debuted at number nine. After last appearing in the top 10 list a year ago (in Q3 2023), Broadbeach made its first appearance for 2024, in at number 10 in Q3.
The result confirms the strong attraction of the Gold Coast, with Surfers Paradise number one on the list for unit sales once again, a position it’s held for more than two years.
Also to rank highly for unit sales was Brisbane City in second place, followed by Maroochydore in third, with the booming Sunshine Coast suburb up from sixth place last quarter.
InfoTrack’s report showed for house sales, the Gold Coast suburb of Pimpama topped the list, coming in at number one for the very first time.
“Pimpama has been steadily growing in popularity over the past 12 months and is up from forth spot last quarter, to now be sitting in top spot,” Mr Bailie said.
“It’s equal distance to the heart of the Gold Coast and the Brisbane CBD makes it a very attractive commuter suburb, and a new train station is also under construction, boosting accessibility.”
Nearby Upper Coomera came in at number seven on the list, showcasing the area’s appeal.
The Sunshine Coast suburb of Buderim came in at number two for house sales last quarter, followed by Ipswich’s Redbank Plains, Moreton Bay’s Caboolture, and Townsville’s Kirwan.
The InfoTrack figures show houses have retained their position as the most popular property type in Queensland with a share of just over 60 per cent. Strata units had a 27.43 per cent share.
The full report can be viewed here.
